Exchange of securities

Colo. Rev. Stat. § 10-3-602, under Insurance.

Colo. Rev. Stat. § 10-3-602

(1) A domestic company may adopt a plan of exchange providing for the exchange by its shareholders of their stock in the domestic company for:

(a) Shares of stock issued by an acquiring corporation; or

(b) Other securities issued by an acquiring corporation; or

(c) Cash; or

(d) Other consideration; or

(e) Any combination of such stock, other securities, cash, or other consideration.

Source: L. 69: p. 529, � 2. C.R.S. 1963: � 72-27-2. L. 2025: IP(1) amended, (SB 25-275), ch. 377, p. 2036, � 39, effective August 6.